Current Retail and Wholesale Prices of Cement in Nigeria Today - 3rd March 2024

Current Retail and Wholesale Prices of Cement in Nigeria Today - 3rd March 2024

In the dynamic and ever-evolving construction sector of Nigeria, cement remains a fundamental material that ensures the durability and stability of buildings. With the market experiencing fluctuations and the economy facing various challenges, staying updated with the most recent cement prices is essential for builders and contractors.

As of March 3rd, 2024, Torizone has provided a detailed snapshot of the current cement prices across different brands and locations within Nigeria, offering valuable insights for those involved in construction projects.

Current Cement Prices Across Nigeria on March 3rd, 2024:

Retail Prices for a 50kg Bag:

[th]Brand[/th] [th]Retail Price Range for 50kg Bag[/th]
Dangote Cement ₦9,900 to ₦10,500
Lafarge Cement ₦9,100 to ₦10,500
BUA Cement ₦9,900 to ₦10,500
Elephant Cement ₦9,200 to ₦10,500
Ashaka Cement ₦9,900 to ₦10,500

Wholesale Prices for a 50kg Bag:

[th]Brand[/th] [th]Wholesale Price Range for 50kg Bag[/th]
Dangote Cement ₦8,000 to ₦11,300
Lafarge Cement ₦8,000 to ₦10,440
BUA Cement ₦8,000 to ₦11,000
Elephant Cement ₦8,000 to ₦10,400
Ashaka Cement ₦8,000 to ₦11,000


Bulk Cement Prices for Trailer Loads in Nigeria as of March 3rd, 2024:
Purchasing in bulk can lead to significant savings and usually includes the convenience of delivery to your specified location. The following are the average prices for bulk cement per trailer load as reported on March 2nd, 2024:

[th]Cement Brand[/th] [th]Price per Trailer Load[/th]
Dangote Cement ₦4,800,000
Lafarge Cement ₦4,240,000
BUA Cement ₦4,120,000
Elephant Cement ₦4,240,000
Ashaka Cement ₦4,240,000


State-wise Cement Price Variations in Nigeria on March 3rd, 2024:
Cement prices in Nigeria's 36 states and the Federal Capital Territory (FCT) can vary due to several factors, including transportation costs, demand, and local market conditions. Below is an overview of the price range for a 50kg bag of cement across different states:

[th]State[/th] [th]Price Range for 50kg Bag[/th]
Abia ₦8,500 to ₦10,000
Adamawa ₦8,500 to ₦10,000
Akwa Ibom ₦8,500 to ₦10,000
Anambra ₦8,500 to ₦10,000
... ...
Zamfara ₦8,500 to ₦10,000
Abuja (FCT) ₦8,500 to ₦15,000


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